Read the email Coinbase CEO Brian Armstrong sent when he laid off 14% of his staff

He said the company will reduce management layers and downsize teams to just one person in its push for an ‘AI-native’ workforce. Coinbase is cutting around 700 roles—or 14% of its workforce—because ...
AOL

Coinbase boss fires 700 workers in 6:55 a.m. email saying company must become ‘lean, fast, and AI-native’

Coinbase chief executive Brian Armstrong informed employees in an early morning message Tuesday that the cryptocurrency exchange would eliminate roughly 14% of its workforce — about 700 jobs — as the ...

Coinbase Layoff Email Stuns Staff — CEO Says 'AI Can Do Weeks Of Work In Days' As 14% Jobs Cut

Coinbase CEO Brian Armstrong announces a 14% workforce reduction, citing AI's transformative impact on operations and the need for a leaner company structure.
techtimes

Coinbase Layoff Email Stuns Staff — CEO Says ’AI Can Do Weeks Of Work In Days‘ As 14% Jobs Cut

Brian Armstrong believes inaction in the AI era poses massive risks. If you still believe AI does not pose a risk to jobs worldwide, maybe a letter from Coinbase CEO Brian Armstrong to employees about ...